The need for a recycled plastic market is real
Most plastic products are designed for single use, with only a small fraction, less than 10%, being recycled. This has been a significant and long-standing issue, but society is becoming increasingly aware of the problem.
According to Luis Morales:
¨We need to promote a market for recycled plastic in Spain to mitigate the environmental impacts.¨
This is why more and more companies are dedicated to addressing the issues caused by plastic waste, both now and in the future. It's time to embrace the concept of a circular economy!
To achieve the European Union's goal of having 50% of packaging recycled by 2025, several factors must come into play. First, households need to generate enough plastic waste that can be effectively recycled. Second, there must be a commitment to environmental sustainability, not only from households but also from plastic recycling companies. If domestic plastic waste increases and is subsequently recycled in an innovative and viable manner, the recycling market would generate new jobs and promote a circular economy, adding value to new products.